Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.22.4
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Treasury Stock [Member]
Total
Balance at Dec. 31, 2020 $ 5 $ 14 $ 136,781 $ (33,889) $ (1,004) $ (662) $ 101,245
Balance, shares at Dec. 31, 2020 5,475,279 14,121,044          
Net income 2,836 2,836
Foreign currency translation adjustment (750) (750) [1]
Issuance of stock under the equity incentive plan
Issuance of stock under the equity incentive plan, shares 39,770 332,208          
Exercise of common stock warrants $ 1 6,434 6,435
Exercise of common stock warrants, shares 858,000          
Stock-based compensation, net of cash settlements 3,486 3,486
Preferred stock dividends (14,052) (14,052)
Cancellation of shares held in escrow
Cancellation of shares held in escrow, shares (215,822)          
Settlement of contingent liability (4,000) (4,000)
Sale of common stock $ 1 2,730 2,731
Sale of common stock, shares 346,389          
Balance at Dec. 31, 2021 $ 5 $ 16 131,379 (31,053) (1,754) (662) 97,931
Balance, shares at Dec. 31, 2021 5,299,227 15,657,641          
Net income 5,432 5,432
Foreign currency translation adjustment (1,283) (1,283) [1]
Issuance of stock under the equity incentive plan
Issuance of stock under the equity incentive plan, shares 27,004 19,270 303,491          
Redemption of Series A Preferred Stock (20,005) (20,005)
Redemption of Series A Preferred Stock, shares (800,000)          
Exercise of common stock warrants
Exercise of common stock warrants, shares 9,072          
Issuance of Series B Preferred Stock $ 1 30,900 30,901
Issuance of Series B Preferred Stock, shares 1,324,858          
Stock issuance costs (32) (32)
Stock-based compensation, net of cash settlements 4,262 4,262
Preferred stock dividends (15,517) (15,517)
Balance at Dec. 31, 2022 $ 5 $ 1 $ 16 $ 130,987 $ (25,621) $ (3,037) $ (662) $ 101,689
Balance, shares at Dec. 31, 2022 4,526,231 1,344,128 15,970,204          
[1] No tax effect has been recorded as the Company recorded a valuation allowance against the tax benefit from its foreign currency translation adjustments.